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Showing 31 - 40 of 92 results for "Thermal coal"

BlackRock rejigs Aussie shares fund

KANIKA SOOD  |  MONDAY, 7 JUN 2021
... sustainability. From June 1, the fund is also formally excluding sectors including tobacco producers, controversial weapons, thermal coal (greater than 5% revenue from production and power generation), oil sands (greater than 5% revenue from production) ...

Rest launches low-cost SRI option

JAMIE WILLIAMSON  |  TUESDAY, 20 APR 2021
... reserves, derive revenue from oil or gas exploration, production and related activities, have power generated from thermal coal, oil and gas, or lease, mine or process coal and coke are also excluded. Development of the option follows the landmark Federal ...

Sunsuper, QSuper members ask for better climate disclosures

KANIKA SOOD  |  TUESDAY, 6 APR 2021
About 200 members from Sunsuper and QSuper have written to the funds, asking them to disclose holdings in thermal coal, among other climate change risks. The two funds are set to merge this year, creating a $200 billon fund with over 600,000 members. ...

CSC pivots towards divestment

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 MAR 2021
... Tarditi revealed for the first time that the fund has divested companies like Whitehaven Coal, that have undiversified thermal coal businesses, despite still believing in the power of engagement. "We have divested from undiversified thermal coal producers ...

Woodside results vindicate divestment argument: Activists

ELIZABETH MCARTHUR  |  FRIDAY, 19 FEB 2021
... AustralianSuper, Aware Super, HESTA, Rest and Cbus - all of which have committed to reach net zero by 2050 and/or divest thermal coal. The results were preceded by criticism from the Environmental Defenders Office (EDO), which released a legal analysis ...

Super funds bow to divestment pressure

ELIZABETH MCARTHUR  |  THURSDAY, 4 FEB 2021
... calling on UniSuper to divest proved successful, with the fund announcing in September 2020 that it would divest thermal coal mining companies including Whitehaven Coal, New Hope Group and Washington H Soul Pattinson. While AustralianSuper, Aware Super ...

Super fund ESG targets lack clarity: ACCR

RACHEL ALEMBAKIS  |  MONDAY, 1 FEB 2021
... reduce emissions in the real economy as an active owner. Of the superannuation funds that announced divestment from thermal coal companies in 2020, none publicly declared their intentions prior to divestment, ACCR said. Divestment can serve as a signal ...

Hostplus called out on climate change

ELIZABETH MCARTHUR  |  FRIDAY, 22 JAN 2021
... the risk of climate change. AustralianSuper, Aware Super, UniSuper and HESTA all recently committed to divesting thermal coal (some only in active strategies and some only if thermal coal contributes to a certain percentage of company revenue). In fact ...

Climate change-focused fund introduced

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 DEC 2020
... low-carbon world. It avoids stocks exposed to coal, unconventional fossil fuels, Arctic oil and gas production or thermal coal electricity generation, and limits exposure to those producing oil and gas or gas-fired power generation. "The market failure ...

AustralianSuper net-zero promise flawed: MarketForces

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
... MarketForces said, which also took note of the fund confirming it has no active (but still passive) investments in thermal coal companies. Eight of the largest 40 super funds now exclude investment in thermal coal miners like Whitehaven Coal and New ...